Phoenix, AZ – A State Grand Jury indicted Cynthia Rose Martin and David Glenn Martin for their alleged involvement in submitting fraudulent applications for the financing of commercial liability policy premiums and for diverting insurance premiums from policyholders. The Maricopa County Superior Court issued an arrest warrant for Ms. Rose-Martin at the time of the indictment.
While owning Executive Professional Insurance Consultants (EPIC), located in Glendale, Arizona, the Martins allegedly used the identities of several businesses without their consent to submit applications to finance commercial liability policy premiums that contained fictitious policy information. The Martins also allegedly misappropriated funds that were intended to be applied towards insurance premiums for their own personal benefit. Between July 22, 2013, and August 7, 2014 the accused allegedly received over $600,000 as a result of these alleged schemes.
On November 16, 2018, the United States Customs and Border Protection Agency arrested Cynthia Rose-Martin in Lukeville, Arizona, while returning to the U.S. from Mexico. David Martin was arrested earlier this year.
Cynthia Rose Martin is currently facing 36 felony counts, including one count of conspiracy, a Class 2 felony; one count of illegally conducting an enterprise, a Class 3 felony; four counts of fraudulent schemes and artifices as Class 2 felonies; two counts of theft as Class 2 felonies; one count of theft as a Class 3 felony; 22 counts of aggravated identity theft as Class 3 felonies; and, five counts of forgery as Class 4 felonies.
David Glenn Martin is currently facing 37 felony counts, including one count of conspiracy, a Class 2 felony; one count of illegally conducting an enterprise, a Class 3 felony; one count of money laundering, a Class 3 felony; four counts of fraudulent schemes and artifices, a Class 2 Felonies; two counts of theft as Class 2 felonies; and, one count of theft as a Class 3 felony.
The investigation and arrest were the product of join efforts by the Arizona Department of Insurance Fraud Unit, U.S. Marshals Service, the Arizona Attorney General’s Office, and U.S. Customs and Border Protection.